You Searched For "2020 oil price crash" and got 20 results
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4 mins read
After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1
IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…
PTI
2 mins read
Oil prices are crashing. Blame uncertain demand and booming US production.
US crude prices plunged below $70 a barrel on Wednesday, while brent dropped to $74 as the global d…
Phil Rosen
5 mins read
A trifecta of global crises could snarl supply chains and increase prices
A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…
Eliza Relman
2 mins read
Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…
ANI
4 mins read
Oil cos losing close to Rs 3 a litre on diesel, profit on petrol down
State-owned fuel retailers are losing close to Rs 3 per litre on selling diesel while the profit on…
PTI
2 mins read
The 'bull is just starting': Commodities are a better bet than bonds for the rest of the 2020s, BofA says
Bank of America said commodities could generate annualized returns of 11%, nearly doubling the rece…
Matthew Fox
2 mins read
Oil prices could crash 50% if OPEC+ lets output rise and doesn't extend cuts through 2024, Citi commodities research chief says
Eliminating oil production cuts would be "so painful" for OPEC that the organization is likely to s…
Filip De Mott
2 mins read
UK "Essex Boys" traders face US trial for manipulation of the oil market and making $700 million during 2020's price crash, reports say
On April 20, 2020, oil prices plummeted into negative territory for the first time, as the Covid pa…
Hamza Fareed Malik
2 mins read
Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.
Benchmark crude prices have tumbled sharply since the start of October, despite the Israel-Hamas wa…
George Glover
2 mins read
Oil has crashed 20% this quarter. Here's why – and what it means for your wallet.
Benchmark crude prices have tumbled sharply since the start of October, despite the Israel-Hamas wa…
George Glover
2 mins read
Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
"Markets failed to capitalise on the firm start despite upbeat US and European cues and crash…
PTI
3 mins read
A booming stock market isn't stopping bears from sounding the alarm on a potential crash. Here's what they're worried about.
From a possible recession to a 70% decline in the stock market, here's a roundup of the most recent…
Matthew Fox
1 min read
Gasoline prices fall as weakening demand sends refining margins crashing
Gas prices were at $3.575 a gallon on Wednesday, according to AAA, down from $3.584 a day ago and $…
Aruni Soni
1 min read
US stocks climb ahead of Thanksgiving as investors weigh lower oil prices and jobless claims
The final reading of University of Michigan consumer sentiment survey showed that year-ahead expect…
Jason Ma
1 min read
Pork prices in China are crashing to multi-year lows as the world's 2nd-largest economy grapples with deflation
Despite Beijing stepping up pork purchases, average national price for China's most popular protein…
Phil Rosen
2 mins read
It’s not just crude, gold, silver and even wheat and edible oil prices are going down
A Russia-Ukraine war that came right after the Covid-19 pandemic has pushed commodity prices to diz…
4 mins read
BPCL swings to profit of ₹10,644 cr in Q1 aided by freeze on retail selling prices
The consolidated net profit of ₹ 10,644.30 crore in April-June (first quarter of current 2023-24 fi…
4 mins read
3 ways the US could avoid sinking into a recession as inflation slows, according to one of the first economists to call the 2008 housing crash
Shrinking gas, retail, and rent prices could mean that we are back on a path of healthy growth, say…
Jason Lalljee,Ben Winck
2 mins read
Oil prices are going to $90 per barrel in the 2nd half of this year on the back of a 'triple deficit' for the commodity, Morgan Stanley says
Low inventories, low spare capacity, and low investment will continue to drive oil prices higher, M…
Isabelle Lee
2 mins read
US stocks extend gains as fresh inflation data show wholesale prices falling by the most since 2020
"Consumer spending momentum in Q4 will likely slow but the solid appetite for online shopping bodes…